News Byte

Etsy Sellers Grossed $895M in 2012

Etsy said today that its online marketplace sales grew 70 percent to $895 million in 2012, with total membership nearly doubling to 22 million. But the eight-year-old company takes in only a sliver of that revenue, by charging fees of 3 percent to 3.5 percent per transaction, $0.20 per listing and additional amounts for advertising.

Google Renews Firefox Search Royalty Deal

Mozilla is about to announce that it has signed a new three-year agreement for Google to be the default search option in its Firefox browser.
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Yahoo Marketing VP Shane Steele Joins Twitter

Shane Steele, previously VP of global marketing for Yahoo, started at Twitter today as director of sales marketing.

Bubbly "Voice Twitter" Service Launches in the Philippines

I last wrote about Bubble Motion, provider of the Bubbly mobile messaging service, exactly a year ago. At the time, the company had 150,000 users. Today, it has more than seven million.

With OkCupid Bought, Zoosk Brags About Momentum

Dating site Zoosk says that based on its January revenue, it will have a run rate of $90 million this year.

Android Market to Finally Get In-App Payments, Improved Discovery. When? "Soon."

Android will release an in-app payment system “soon,” said Eric Chu, group manager for Android platform at Google, speaking at Inside Social Apps in San Francisco today.

Scribd Raises $13M More for Web Docs

Scribd has raised $13 million in a Series C funding led by MLC Investments of Australia and SVB Capital, and including previous investors Redpoint Ventures, Charles River Ventures and Kinsey Hills Group.

RunKeeper Hopes to Be Your App for That New Year's Resolution

The RunKeeper Pro app, usually $9.99, is free from now through the end of January. Since the promotion started yesterday, downloads of the app have been up more than 10 times the normal number for a single day.

For Ask.com, Foray Into Social Search Points to Mobile

As Ask re-emphasizes questions and answers, President Doug Leeds is particularly high on the company’s efforts in mobile as an ideal environment for asking questions and getting timely replies from other users.

Twitter Partner Gnip Raises $2M for Social Media Monitoring Data

Gnip, which helps social media monitoring companies collect data, and yesterday became the first company authorized to resell Twitter data, has raised $2 million in funding.

Kayak's IPO Filing: We Don't Depend on Search Engines